As per the provisions of Companies Act, 2013, Who are called KMPs ?
CS Professional · Advanced Company Law and Practice · PYQS · June 2021
As per the provisions of Companies Act, 2013, Who are called KMPs ?
Answer & Explanation:
Key Managerial Personnel are called as KMPs. As per Section 2(51) of the Companies Act, 2013, a KMP is defined as: a) the Chief Executive Officer or the Managing Director or the Manager; b) the Company Secretary; c) the Whole-time Director; d) the Chief Financial Officer e) Such other officer not more than one level below the directors who is in whole-time employment, designated as Key Managerial Personnel by the Board; and f) such other officer as may be prescribed.
Topics: Key Managerial Personnel
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